All Blog Entries

It was a mixed day for stocks to start the week and after a positive open, all of the indices drifted off their morning highs and after some late selling, closed at the lows of the day. We did get a second day where the S&P 500 took a breather while small caps outperformed, but in recent weeks the small caps haven't been able to sustain that divergence for much longer than a day or two. Bonds were down as yields moved higher. Also, make sure you check your IFT confirmations! More below. ...

After another strong open on Friday, stocks held onto some modest gains but we did see most of the indices drift lower and close near their lows of the day. For the week, the TSP stock funds did well, although the S-fund did have a small weekly loss. The I-fund came to life and led on the upside with the dollar down for the week. Bonds were up big on Friday pushing the F-fund into positive territory for the week as well.

...

This week taught us the market is clinging to the promise of the AI industry. Indices are reaching new highs thanks to a single company's earnings and forecasts. This week C-fund investors were not holding the S&P 500 but were bound to the market's reaction of its favorite report card: Nvidia.

Nvidia and the success of other AI related stocks have kept investor interested in buying the large cap funds like the C-fund for months. The less deserving companies inadvertently get ...

The question going into Nvidia's earnings on Wednesday was whether it can beat the lofty expectations, whether it continue to rally and and tack onto the already lofty price, and whether the rest of the market was strong enough to move up and avoid triggering a sell the news reaction. The answer so far was, yes. The Dow gained 457-points, while the Nvidia driven S&P 500 and Nasdaq indices gained 3% and 2% respectively. It wasn't as much of a small caps or I-fund catalyst, but they did come ...

Stocks were down, and down sharply, for much of the day yesterday, but the closer we got to the release of Nvidia's earnings after the bell, the more buoyant stocks became and the indices closed strongly, and at their highs of the day. The Dow and S&P 500 turned losses into gains in those final minutes of trading, while the Nasdaq closed modestly lower, but 130-points off its intraday lows. Yields were up pushing the price of bonds lower and hurting small caps, and the dollar closed slightly ...